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Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.

Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S. would take control of the country’s oil and gas markets as well Kharg Island, its oil-export hub.

Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.

Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.

Published June 11, 2026 · Category: Finance

Overview

Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S. would take control of the country’s oil and gas markets as well Kharg Island, its oil-export hub.

Source

Originally published at www.marketwatch.com.

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